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Elon Musk replied to a meme in response to a tweet from a certain cryptocurrency user that said, "Just woke up, let's see how the market is doing," indicating a comprehensive decline in the cryptocurrency market.Although the image is blurred, it can still be inferred from the general outline that the original image is related to CZ.

Japanese actress Aoi Sora posted on social media that there have been some situations at work, but she cannot disclose the specifics at the moment. She is taking this opportunity to start self-studying knowledge related to Bitcoin and cryptocurrencies.Aoi Sora stated that she is completely unfamiliar with the current developments in the industry and hopes that friends who are familiar with the relevant fields can provide more introductions and guidance.

According to Bloomberg, the Democratic Party in the United States will leverage the oversight powers of relevant committees in the House of Representatives and the Senate over the next two years to exert pressure on the Trump administration in five key areas, focusing on government investigations, fiscal budgets, Iran policy, artificial intelligence regulation, and cryptocurrency legislation. In terms of cryptocurrency, the Democrats' previous efforts to establish a regulatory framework for the crypto market have stalled, primarily due to a lack of consensus between senators and the White House on ethical standards related to political figures' crypto businesses.This provision aims to limit potential conflicts of interest arising from Trump's personal cryptocurrency business, making the legislative prospects for crypto market regulation similar to the CLARITY Act even more uncertain. In the House of Representatives, Maxine Waters is expected to serve as the chair of the Financial Services Committee, but her long-held position is challenged by Sean Casten; in the Senate, Elizabeth Warren will take on the role of chair of the Banking Committee, where she has long held a critical stance on cryptocurrency, and Sherrod Brown will also return to the Senate.Additionally, regarding AI regulation, the Democrats plan to intensify investigations into AI companies and their CEOs, focusing on data center construction, risks associated with advanced AI models, and the technology's impact on the job market. On Iran policy, the Democrats may use defense budgets, congressional investigations, and war powers resolutions to check the Trump administration.

According to Hongxing News, the individual involved in the incident of "Tsinghua graduates studying at University College London (UCL) being scammed" revealed that he was scammed for nearly 45 days. On the day he arrived in the UK and checked into his dormitory, he received a call from a number displayed as "Embassy," claiming that his phone number had sent a large number of harassment and fraud messages, and transferred him to so-called "cyber police." The caller accurately reported his personal information, requested him to download video software, and displayed materials such as police identification, arrest warrants, and confessions.Several "cyber police" bombarded him with information for more than three hours while he was still adjusting to the time difference and was physically and mentally exhausted, causing him to lose his judgment. Subsequently, the so-called "Interpol" led him to mistakenly believe he was assisting in an investigation into an international money laundering case and made him sign a so-called confidentiality document. For the first two weeks, they continued to strengthen control, requiring him to maintain a phone call 24 hours a day and turn on video for online monitoring, while also restricting his social interactions under the guise of investigation confidentiality.They ultimately induced him to purchase digital currency and transfer it to a designated account, and even made him deceive his family into transferring money for the so-called case, claiming it would be returned after the case was closed. He was also coerced into downloading foreign encrypted chat software to register an account for purchasing virtual currency. After returning to his home country, he discovered that during the period he was out of contact, the scammers had used his credit card to purchase tickets to other destinations. He reminded the public to pay more attention to anti-fraud campaigns, as scammers exploit time differences and information gaps to set traps.

Jeff Dorman, the CIO of the digital asset investment company Arca, stated in an interview that Hyperliquid is the first project to truly achieve the "three crowns" of cryptocurrency, which means it has its own L1 public chain and earns revenue from DEX transaction fees and stablecoin transaction fees.He believes that the value of the L1 token itself is not high unless it can also earn DEX transaction fees and stablecoin transaction fees.

According to multiple security researchers and KOLs, the iOS exploit toolkit DarkSword poses a serious threat to cryptocurrency users. This exploit takes advantage of an underlying flaw in iOS 18, allowing users to simply open infected websites through Safari, enabling malicious code to run in the background of the phone without the need to connect a wallet or perform any signature authorization. Attackers can use this to steal passwords, photos, files, as well as private keys and mnemonic phrases from cryptocurrency wallets.At least 18 malicious websites have been identified, resulting in victims losing up to 5.57 million dollars, involving more than 20 wallets. Zhao Changpeng commented on this, urging users to update their iOS systems, especially if they haven't updated for a while. He stated that no wallet software can update your operating system for you, and self-custody means self-responsibility.

According to the Nikkei, data from Chainalysis shows that in reported cryptocurrency theft incidents in 2026, 89% involved North Korean hackers, compared to 15% in 2021.The report states that North Korean hackers are increasingly using generative AI to create fake documents and impersonate technicians. The South Korean government estimates that more than 8,000 personnel are employed by North Korean authorities for this purpose.

According to BeInCrypto, MicroStrategy Chairman Michael Saylor warned at the OranjeBTC summit that the new threat to the cryptocurrency industry after the Binance hacking incident is hackers utilizing AI, rather than flaws in Bitcoin itself. He stated that advanced AI models significantly enhance the capabilities of attackers, and the real threat comes from AI hackers launching attacks on new software that has not been adequately tested and was rushed to launch.He urged exchanges, banks, and custodians to scan their systems daily with cutting-edge AI models, stating that Bitcoin itself is robust, but poorly constructed digital business software is vulnerable to hacking. Saylor also pointed out that every new feature on Ethereum, Solana, or Cardano provides new entry points for attackers.

The proposal from the U.S. SEC regarding amendments to the financial responsibility, recordkeeping, and reporting rules for cryptocurrency asset brokers has been submitted for review by the White House.

Institutional-level cryptocurrency platform Anchorage Digital has submitted a swap dealer registration application to the U.S. Commodity Futures Trading Commission (CFTC) to expand its institutional cryptocurrency options business. The application was submitted through Anchorage Digital Swap Dealer, LLC to the National Futures Association (NFA) and is currently awaiting NFA's review. The company's CEO and co-founder Nathan McCauley did not provide a timeline for the completion of the review, only stating that further progress will be announced at the appropriate time.McCauley stated that if the application is approved, Anchorage Digital Swap Dealer plans to offer European-style options for Bitcoin and Ethereum, with a maximum term of one year, and will subsequently launch more products as it meets its own approval processes and regulatory requirements. Once the registration is complete, institutional clients will be able to trade digital asset derivatives with CFTC-registered counterparties while also utilizing Anchorage Digital's existing custody and other services.Anchorage Digital noted that the growth of its existing options business primarily comes from publicly traded companies holding Bitcoin and Ethereum on their balance sheets, with asset management firms and funds using options to manage exposure also contributing. Anchorage Digital Bank, N.A. became the first federally licensed digital asset bank in 2021, regulated by the Office of the Comptroller of the Currency; this swap dealer entity will adhere to CFTC requirements regarding capital, risk management, and margin, applying the same framework used for interest rate, credit, and foreign exchange market banks under the Dodd-Frank Act. In March of this year, Anchorage Digital added collateral management features to the Atlas platform, and in December of last year, it acquired the wealth management division of Securitize.

Bitcoin News posted on the X platform that the Moscow Exchange plans to launch a digital currency market on December 1, supporting trading of Bitcoin, ETH, and USDT. Trading will take place on the stock market platform and will be cleared by the National Clearing Center.The trading hours are from 06:50 to 23:50 Moscow time, with initial pilot trading to be conducted, and participants will gradually be onboarded. Retail investors must pass a test and can purchase digital currency worth up to 300,000 rubles per year through a single broker.

According to a report by Reuters, the Greek Parliament passed a bill on November 5 that imposes a 10% tax on capital gains from cryptocurrencies, with annual capital gains not exceeding 500 euros (approximately 563 dollars) being exempt.This is Greece's first comprehensive legal framework for taxing crypto assets. A senior official from the Greek Ministry of Finance stated that further implementation details will be announced in the coming weeks to clarify transparency and auditing rules.

Coincheck announced that due to a malfunction of the external on-chain analysis service it uses, as of November 5th, 0:04 Japan time, there has been a delay in processing cryptocurrency deposit and withdrawal requests on the platform.To address the malfunction, Coincheck has temporarily stopped accepting new cryptocurrency withdrawal requests and has canceled some withdrawal requests that have not yet been processed. Some requests will be temporarily retained and will be re-evaluated once the system is restored.Coincheck stated that this incident was caused by an external service failure, and there has been no unauthorized access to the platform, nor has there been any security incident affecting user assets. User-held assets remain securely stored. Canceled withdrawal requests have had their corresponding assets returned to the user's Coincheck account balance, while deposit processing delays are still ongoing. The platform will gradually process requests once the relevant systems are restored and will announce the service recovery time separately.

According to CoinDesk, the National Bank of Ukraine (NBU) stated that it does not support the current version of the draft for the legalization and regulation of crypto assets, calling on lawmakers to continue revising it before the final vote.The NBU supports advancing regulation by referring to the European Union's Markets in Crypto-Assets Regulation (MiCA) and recommendations from the International Monetary Fund, but believes that draft No. 10225-d still does not address its key concerns, and the final text was only delivered on Tuesday night, leaving insufficient time for review and lacking transparency in the legislative process.The NBU warned that foreign tokens not adequately regulated in their place of issuance may enter Ukraine, some of which could function as electronic money, threatening monetary sovereignty and financial stability, and bypassing requirements applicable to domestic similar assets. The NBU hopes to obtain the authority to assess and limit their use when necessary.Regarding market access, the NBU stated that a preliminary compromise had been reached to select three crypto trading platform operators through competition, but the final draft leaves the number of access points for the first five years to the discretion of the securities regulatory authority, raising concerns about monopolies and corruption risks. According to the draft, the National Securities and Stock Market Commission of Ukraine will become the main regulator, with a 5% transitional tax rate applicable to existing crypto assets until the end of 2028, and transactions between crypto assets explicitly exempt from tax.

According to the New Straits Times citing Bernama, Malaysian police dismantled a gang suspected of conducting romance scams and fraudulent cryptocurrency exchange schemes in Malacca on November 4, arresting 13 suspects aged between 24 and 36.The police stated that the gang contacted Chinese victims through applications such as Telegram, QQ, and Soul, luring them into transferring money to participate in fake cryptocurrency transactions with promises of emotional relationships and high returns. They began operating at the location involved about three months ago. The total losses incurred by the victims are still under investigation, and the police have seized 12 laptops, 1 desktop computer, and 26 mobile phones among other devices.

According to Bloomberg, the Binance hacking incident is prompting the cryptocurrency industry to re-examine its long-held decentralized philosophy, as well as the transaction review, settlement delays, and fund intervention mechanisms in the traditional financial system.As the cryptocurrency industry seeks to enter the mainstream financial market in the United States, some institutional investors are beginning to reconsider Wall Street's financial risk control mechanisms. In traditional finance, banks, payment networks, and clearing institutions can review suspicious transactions during the fund transfer process and can suspend fund flows under certain circumstances.Third Eye CEO Tian Zeng stated that he hopes the settlement time can be shortened from the traditional financial T+1 day to T+1 hour, by appropriately extending the settlement time and increasing review steps, thereby reducing hackers' ability to quickly transfer funds.FalconX Co-Head of Markets Joshua Lim pointed out that as more institutions enter the cryptocurrency market, the client structure is changing, and some institutions are no longer willing to fully accept the risks associated with irreversible transactions. As the cryptocurrency industry further integrates with traditional finance, how to balance transaction efficiency, decentralization, and fund security will become a problem that the industry must face.

Ethereum co-founder Vitalik Buterin stated in an interview that there has been a concerning trend in the industry's security situation over the past period. Security vulnerabilities and attack incidents at the smart contract level are decreasing, while most major hacking attacks that occurred in the past year and a half have been more focused on the user interface layer and centralized components. Hacking attacks are still ongoing, but the underlying core parts that truly need to be secured are actually improving in security, and the range of infrastructure that can provide high security guarantees is also expanding.Vitalik believes that more and more people have realized that the top priority in the next two years is not to achieve victory, but to ensure their survival, and the entire industry is thinking about how to achieve this goal. He expects that relevant institutions, large trading platforms, custodians, and other financial institutions will also take action as soon as possible. He believes that Binance's previous launch of BNB Chain was a correct decision, as users deploying their business on-chain and executing related operations through smart contracts can also benefit from the high security guarantees provided by on-chain infrastructure, and more institutions will develop in this direction in the future.Vitalik stated that the only real solution is to effectively raise the security level of the entire industry. The range of operations that can be completed securely is expanding, but if someone does not pay attention to security, the efficiency gains may ultimately be used to conduct more and more aggressive business, rather than further enhancing security. He anticipates that if security issues develop to a certain extent, regulatory agencies and industry leaders in various countries will begin to require companies to take on more responsibility and adopt more prudent business strategies. The Ethereum Foundation has been providing support, including writing relevant code and tools, providing quantum-safe signature-related code, and supporting the construction of wallets protected by quantum-safe technology, but users still need to actively be aware of risks and choose to enable these security measures.

During a speech at the Oxford Union, Binance founder Changpeng Zhao mentioned that the adoption process of cryptocurrency is slow but irreversible. He estimates that it may take 5 to 10 years for the cryptocurrency adoption rate to reach 20%, while the middle 60% to 80% may take another 10 to 20 years, and the final 20% could take a long time. The initial phase is filled with skepticism, accelerating after surpassing 20%, and slowing down after exceeding 80%.He pointed out that in the past two years, many governments around the world have shown a significant change in their attitude towards cryptocurrency. The United States has shifted to a crypto-friendly stance, with other countries following suit. However, the upgrade of the financial system is slow, and large institutions exhibit inertia, leading to significant friction for banks to directly access blockchain.Currently, innovation in retail payment and daily use cases is still lacking. Many projects are just getting started and will need another year or two, while on the institutional side, ETFs, tokenized stocks, and stablecoins are on the rise. Different cycles focus on different aspects, shifting from early Bitcoin and ICOs to meme coins, and recently turning towards institutional adoption. He remains optimistic about this and is willing to fund developers.